Posts Tagged ‘Air New Zealand’

Wellingtonians rally to send a message to the Beehive! (part rua)

17 February 2013 7 comments




Continued from:


Wellingtonians rally to send a message to the Beehive! (part tahi)


NZ, Wellington, 13 February 2013 – The first speaker was Peter Love; Te Atiawa, and Board Member of the Wellington Tenths Trust,


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Peter Love spoke of having to buy a bottle of water from the dairy – and yet Maori were castigated for trying to assert their own water rights. Holding up a plastic bottle of water, he said it’s not about “Maori owning the water”,

We have to make sure you don’t have to go into a dairy to buy this!

He spoke of countries such as China sending their workers into Pacific Island nations to build infra-structure and buildings for the locals, but for a price.  Peter Love spoke of powerful interests  seeking valuable resources  such as the fish in Cook Islands territorial waters.

He said asset sales would be a magnet for overseas investors,

They’re after our assets!”

Which is why“, he said, “we’re all here this evening challenging the government.”

Peter Love finished with a humorous touch,

My wife said, ‘hullo – don’t get arrested Peter...”

He encouraged the crowd,

“…Don’t forget, keep it up. Sign the petition against it. And we may have to call you again to go to Parliament.”

The next speaker was Peter Love’s mokopuna (grandchild), Kaira Ranginui-Love, of Te Atiawa, who spoke directly to the many young people in the crowd,


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Ms Ranginui-Love spoke with deep passion about her feelings for this country, and how others wanted a piece of our paradise,

I love Aotearoa! I don’t know about you but I absolutely love this country. I believe Aotearoa is Heaven on Earth…

… For many of you, Aotearoa has been a home for you and your families since the time of the settlers, and for others.”
“… But regardless of how we all got here and what we’re all doing here, I think we can all agree  what connects us is our love for Aotearoa.”

“We are very lucky to live here. We have the oceans, the rivers, the forests, the lands,  and all that dwell therein. So we must look after our country, and be the caretakers, for now and for the future generations to come. We need to be wary that we don’t allow our country to be exploited by those in a position of power. The National government, the National Party, they have an immoral agenda based on monetary gain only…”

“…Is this government listening to our views?”

“I think this govermnment blatantly  ignores it’s people and what they want. What we all want. No thought has gone into the rippling effect that this will have on our futures.”

“…We’ll have no say, and we’ll  have no rights. This referendum will help to stop the government from making a terrible mistake. Remember, everybody wants a slice of our country, our paradise. So it is time to stand up. It is time to fight for this generation and the generations to come….”

“…The time to act is now, before it’s too late.”

Next, the Mayor of Wellington, Celia Wade-Brown – a veteran campaigner against the privatisation of Wellington’s former “Capital Power” company in the 1990s – spoke of her thoughts on selling strategic assets that belong to the people,


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Mayor Wade-Brown welcomed people to the rally and acknowledged the hard work by organisors to set up the rally,

Let’s give the organisors a big round of applause!”

This week there’ve been a number of really important issues raised that resonate with all of us; leadership; jobs; a fair go; and a clean environment; public ownership of strategic assets. Those aren’t alternatives to each other, they go hand in hand.”

The Mayor spoke of Deborah Littman visiting Wellington and talking to Council (see: Mayor pushes to give hundreds a pay increase ) about how a living wage has in helped  many aspects of society in Vancouver and London, by raising incomes,

Low pay doesn’t help the local economy; low pay doesn’t educational failure, and low pay doesn’t help poor health. So the living wage is an idea to inspire us, it’s a journey, not an overnight transformation… … a living wage is good for the local economy.”

Mr Wade Brown referred to a Greenpeace economic report which outlined ambitious ideas for new jobs, new prosperity, and a clean economy. She outlined Greenpeace’s ideas for how huge wealth could be created for New Zealand by building an economy based on 100% renewable energy,  energy efficiency, and sustainable transport.

The mayor went on to describe one of her earliest actions soon after being elected to the City Council in 1994,

I voted in one of the earliest political decisions when I was elected on Council against the sale of Capital Power. And now the energy retail and lines businesses have been split up and sold and sold again  and it’s really impossible to assess what they would  be worth now.

But it could’ve been a huge help to the capital city as a basis for a smart grid, for electricity demand management, and for more manageble bills for people on low incomes. So I understand your concerns about selling of power generation companies.

More successfully, Wellington City Council voted against the sale of our Airport shares. Although one third does not give us control. But it does keep us in the loop and it gives us a considerable dividend that keeps your rates down.

And in the ’90s there were really truly mutterings –  I saw Cr Stephanie Cook here earlier and she’ll back this up – there were muttering about selling of our council social housing. It never did get to a vote, thank goodness... “

Social housing for vulnerable tenants was a social partnership, she said.

Mayor Wade-Brown then described Wellington’s water supply and categorically stated,

The basic public infrastructure should remain in public ownership and the charging policies and the conservation policies should be set democratically.”

She took a good natured ‘dig’ at Peter Love with the remark,

And I would like to add that you don’t need to buy in bottles because there are free water fountains along the waterfront.

Ms Wade-Brown told the audience that Council, in partnership with local Iwi, was bringing back alienated land to return to the Town Belt.

The Mayor added,

So local government faces the same financial pressures as households do, as you do,  as business does, and as central government does. But we’re not going to face those pressures by selling of our strategic assets. We won’t sell social housing, we won’t sell water infrastructure, we won’t sell the reserves that make this capital city so special.”

The mayor implored people to sign the petition – but not ten times,

It doesn’t help to sign it ten times, ok guys? If you’ve signed it, you’ve signed it…
… And tonight people are tweeting, blogging, using Youtube, and everything else to have your say. And that’s my main message; stand up and have your say, in the capital city!

Kia kaha.”

Next up – perhaps the country’s sanest, most common-sense economist – Ganesh Nana, rose to tell it from an economist’s  perspective.

Perhaps surprisingly, he wasn’t tied up and thrown into the harbour. Economists in the last thirty years have had a bad rep – perhaps only second to certain policians.

But Ganesh Nana is a rare breed of economist. He sees through the neo-liberal fantasy world of ideology and tells us that the dogma of the New Right simply does not work as ‘the label on the can’ promised,


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Ganesh Nana started by saying,

I’m an economist, ok, so I promise not to say anything about ‘The Phoenix’ or anything about cats…”

That elicited a laugh from the crowd and then he launched straight into the issue of asset sales and started by asking,

You might ask why would you at all be interested in hearing from an economist, and I ask the same thing; “why is anybody  interested in hearing from an economist given whate total mess we’ve made of the economy to date, but never mind… You guys should really be asking for an apology from the economists given the mess we’ve made...”

“… But I will apologise on my own behalf for not not actually shouting out a lot louder evertime we’ve made a wrong turn. So today here I am shouting out just a bit louder for making a wrong turn yet again.”

The audience warmed quickly to Ganesh Nana’s self-deprecating comments and clapped at his remarks. Only a lone heckler, yelling out comments he must’ve thought were very hilariously witty (mistakenly),  stood apart from the crowd.

Ganesh Nana continued,

From a business perspective; a business person’s perspective;  this is a very, very, very,  simple problem facing us, or a simple question; why would you sell an asset?

I ask you that question and from my own academic perspective or background, when faced with that question  I go to a dictionary and look up the definition of an asset.

It’s really quite simple… … you’ll find some words around something that is valuable and of use. And then I started to think as a business person or as an ordinary person why would I get rid of something that is valuable and of  use?”

He then asked,

“…These assets that the Crown have, [that] the government on our behalf, [as] taxpayers, are holding. Do they continue to be valuable and useful?

And if so why are we getting rid of them?”

… From a business perspective the only reason I’d get of an asset is if it suddenly became a liability.

That is, it required a lot of upkeep and it wasn’t paying it’s way, so it wasn’t really an asset. And then, yes,  you get rid of it fast.

But is anybody seriously trying to tell me that those electricity generation stations, and all the infra-structure around it,  is something that we, as a nation, ‘ain’t gonna’ need for the next 20, 30, 40, 50 years?

Because if the answer to that is ‘yes’, then let’s get rid of it, because we don’t need it. But if we do need them, we need to hold onto them. It’s really quite that simple.”

Ganesh Nana was also adamant that not all economists follow the neo-liberal, monetarist line,

“…People who think that businesses or economists totally agree with getting rid of assets or following the market path, and there are lots of other reasons we could go into which are far too technical to go into tonight, about following the market and about how government shouldn’t be involved in assets; and shouldn’t be involved in the economy – those are smokescreens.

There are quite surprisingly some economists, myself included, who don’t follow that [ideology], and actually go back to the textbook… If it’s an asset, and it’s going to earn something over the future, you hold onto it for dear life. Because that’s what your future relies on!”

Ganesh Nana’s speech was well-received by the crowd. One could sense  that it was a relief for many who were listening,  that not all economists were wide-eyed free-marketeers demanding the dismantling of the State.

Ganesh Nana was followed by Geoff Bertram, Senior Economics lecturer at  Wellington’s Victoria University, and one who had been closely studying the energy sector. Mr Bertram understands the mechanisms by which our energy companies are valued and re-valued – and his simple explanations quickly reveal these valuations as clever, malevolent, rorts.

The same rorts used to drive up power prices on an almost annual basis,


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Now, the government’s aiming to sell off nearly half of some state-owned companies worth about ten billion [dollars], so it’s hoping to get a bit about under half… perhaps $4.5 billion from the sales from anybody prepared to buy the shares that they’re going to issue.

I’m going to talk tonight really about the motivation  that might lie behind those sales, and I personally think it boils down to two things.

The first is the desire of  the Treasury to get the money and run before certain things become very apparent about the way that electricity prices have been set over the last two decades.

And the second reason I think is to close off policy options that might remain open to future governments if the assets remain in full public ownership. Because while the assets are in full public ownership, it is possible to change the way they are managed and change the way that  electricity is supplied…”

Geoff Bertram then made an explosive accusation against the government which, if true, revealed a shocking reason why National is so hell-bent on privatisation of certain state assets,

“… It’s my view that probably the  most important political consequence of the part-privatisation of SOEs is to place private investors in those enterprises  and thereby immunise them against possible future policy that might reduce their value.

And since  I think an important part of an improved government policy would indeed reduce their value, I am opposed to the asset sales…

…The companies have a very high valuation. The reason why they have a very high valuation  is that they have successfully participated in a long-running rort to extract cash from residential electricity consumers by the inexorable driving up of prices of electricity.

That rort, has been possible, because government policy has allowed and has indeed supported the emergeance of a cartel of five, large, vertically-integrated, generator-retailers – three of whom are SOEs  – which have been able to operate without any effective regulation, at the expense of  consumers who were too vulnerable to protect their interests against price hikes.

And if you looked at the tracks of electricity prices over the last 20, 30 years you will have noticed that large industry has protected itself very successfully; commercial electricity buyers have done fine; residential who are the dis-organised, unrepresented, undefended, captive group of customers have seen their prices go up in real terms 100% since 1986.

And the main consequence of the electricity reforms has indeed been that doubling of the cost of electricity to ordinary  households. 

That’s a major cause of energy poverty; it’s been an important part in the growing  inequality of income and wealth in this country; and it’s something that a socially responsible government would,  in my view,  be taking serious action to reverse.”

The audience broke into heavy applause as the implications of Geoff Bertram’s comments sank in.

It is simply extraordinary that none of the media present at the rally that day has reported Geoff Bertram’s amazing – and disturbing – analysis of the energy sector and electricity pricing in New Zealand. Is what he’s saying boring?! Too complicated?! Risking opening a can of worms?!

This should be a prime-time story on TV3’s “Campbell Live” and Radio New Zealand.

Geoff Bertram continued,

“Just to put that doubling of the residential price in context. New Zealand’s pretty much on it’s own in the OECD and if you look at  the figures for other countries around the OECD, from 1986 to the present, the price of electricity to residential consumers  in OECD Europe, in Australia, and in the United Kingdom, is still the same as it was in 1986. In the United States, Japan, and France, prices are down 25% , compared to where they were in 1986, in real terms.  In South Korea they’re down 50%, compared to where they were in 1986.

New Zealand is the only only OECD country that has gone out there and driven up electricity prices 50%. We’re also pretty much the only country that doesn’t have a regulator in place, and where government doesn’t have any particular social policy relating to the pricing of essential services to the public.”

Geoff Bertram then explained what he called “the re-valuation game”, as it applied to electricity pricing in New Zealand,

And here’s how it works.

You take a bunch of assets with a given value, and you look at the existing price, to consumers of the product, and you say “well look, we can get the price up”; so you project  that higher price; you capitalise that; and then if you can get the price up the asset will be worth more; so then you re-value the asset; and then you go and use the higher value of the asset to justify raising the prices, and then you repeat.

And this is the circular process which has been going on in New Zealand now, in electricity, for more than a decade. It is completely legal under New Zealand law.

It is not illegal to profiteer or  to gauge captive customers in this country. [In] very few countries is that true.

And it’s consistant with New Zealand’s generally accepted accounting practice which basically tells you that there’s a rotteness at the core of accounting practices in this country.”

Geoff Betram further described how the ECNZ had sold power stations to the newly formed Mighty River Power, in 1999, at a considerable mark-up. In effect  government sold these power stations to itself and in the process pocketed a huge profit. To pay for those power stations, prices were raised, forcing captive residential consumers to pay more and more for their electricity. He added that we have been,

“…living under a government which for two decades has  become effectively  a corporate predator, in this sector, where once it used to be a social provider.

The applause that followed that statement was louder than before. People were ‘getting’ what Geoff Bertram was telling them. He continued,

Here’s the problem. Electricity was once an essential service provided to households at the lowest price, consistent with covering the industry’s costs. 

Since 1986 the sector has been corporatised and part-privatised, and it’s pricing has been driven by the quest for profit by giant companies that have the market power to gouge their consumers.

As the owner of three of those companies, the New Zealand government has therefore become a predator. And now the Treasury wants to cash in on that rort by selling out half the government’s stake.

What that means in terms of the options for the future for government to turn around and come back from the predator model and return to a social service approach  for energy supply, is being closed off.”

Geoff Bertram suggested that every household in New Zealand could be allocated 300kwh [kilowatt hours] of free power every month, and pay market rates for anything over and over used. He added,

But if you want to deal with energy poverty and get kids out of hospitals with asthma and other respiratory diseases and so on, one of the really good  things that you can do is get cheap energy into New Zealand households and that would be sustainable on the basis of the current government owned assets.

About 300 kwh free. [But if] you sell Mighty River and what’s feasible comes down to 200 [kwh]. You sell Genesis and what’s feasible comes down to 100 [kwh]. You sell Meridian and it’s gone…

What I’m saying is the contract  that supplies the Rio Tinto smelter down at Bluff, the old Comalco contract, is the contract New  Zealand households should have had from the start.

And it still could be done.”

Imagine, every household in the country, receiving a dividend of 300 kwh, each month. The positive benefits for low-income families, in damp, drafty houses, would be incalculable. Coupled with providing free meals in schools for children, it would be a major blow against child poverty in New Zealand.

But not if National get’s it’s way.

A new Labour-Green-NZ First-Mana coalition government must listen to people like Geoff Bertram, Ganesh Nana, et al, if we are to progress forward.

After Geoff Bertram, the crowd was entertained by Maarama Te Kira and Lucky Ngatuere,


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Following on from the entertainment, Jane Kelsey, Law Professor from Auckland University, addressed the Rally. Professor Kelsey is also one of the country’s acknowledged experts on globalisation, and a staunch critic of the TPPA (Trans Pacific Partnership Agreement), which is being negotiated in secrecy and condemned worldwide.

Professor Kelsey has also been the target of some fairly vindictive statements from the NZ Herald (see: Gordon Campbell on the NZ Herald’s attack on Jane Kelsey).

Professor Kelsey started by welcoming old friends to the rally,


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“…It was great to see lots of familiar faces from battles of the past, but it was also great to see so many young people here, because these battles are your battles for the future…

… I congratulate not only the organisor here, but  those who have been running the campaign  in Wellington gainst the asset sales, because it’s been a real inspiration across the country, and I know it’s being watched by people outside the country as well.

Some of those who are here will remember those battles we had in the mid 1980s when we were told that state-owned enterprises were simply a way of creating more efficient ways of keeping assets in  our hands. And we said at the time that it was a lie. And we knew it was a lie and they knew it was a lie. And we proved it was a lie and then they sold them off and then we had to buy them back.

Because as we predicted would happen, when you have private owners, especially private foreign owners, who have no stakes in our future, they will strip the assets. And thats what Bell-Atlantic and Ameritech did with Telecom and that’s what Wisconson Railways  did with the railways, and that’s what the [foreign ]banks that still own our banks, did with the Post Office Savings Bank and the BNZ and the Rural Bank, and so on, and we’ve been there and done that and we know what it means.”

At this point, Professor Kelsey held up a metre-square white board with heavy black lettering on it; ‘SAY NO’. It was a take on Winston Peter’s ‘NO’ sign from the Owen Glenn Donations affair in 2008. (see: Peters denies latest Owen Glenn allegations)  The placard provoked laughter from the crowd who obviously recalled the significance of it.

” They also know that the problem [for the neo-liberals] was that we were able to reverse some of those failed privatisations, and other things that failed. Like when they tried to privatise ACC. Like when they tried to de-regulate the electricity market. … So what they have is a new strategy designed to lock-in and make potentially irreversible the kinds of policies that they want to see rule in the interests of their cronies for the indefinite future.
These particularly  toxic legal products are known as Free Trade and Investment Agreements but they have nothing to do with trade, they’re actually investment protection agreements that make it almost almost impossible for us to be able to do the kinds of reversals of failed privatisations we’ve done in the past. We have a number of those agreements already.

And they are potentially causing some problems.
Some of you will have followed what’s happening with the tobacco companies, and their threats to sue over the introduction of plain-packaging tobacco. What we have now now is a particularly virulent strand of this this toxic disease. It’s known as the Trans Pacific Partnership Agreement, or the TPPA. We have other ways of describing the TPPA – Taking People’s Power Away. Toxic Profiteers Plundering Aotearoa.
What it’s designed to do, in particular in relation to investment, is to say ‘You have to open your doors without restrictions to the rights of foreign investors to be able to buy any of the assets within Aotearoa’.
Now, we already have an open door,  and they’ve already signed away the ability to reverse some of that.

But now they want to raise the thresholds even further, so that our ability to vet foreign owners is effectively taken out of our hands. But worse than that, once the foreign investors own the assets, these agreements give special guarantees to those foreign companies. They give guarantees that we will  not alter our future laws and policies in ways that significantly affect the value or the profitability of their investments.
So once we have – or they have – given away our assets, our ability to do anything to recover them is not only constrained by the kinds of threats that we’ve seen in the past and concerns about ‘crisis’ and ‘investor confidence’ and all of that other bullshit – we have threats from foreign investors under an agreement like the Trans Pacific Partnership Agreement, that they will sue our government not only for the loss of the value of their assets but the for the loss of future profits from those assets.
…It will not be a case that will be brought in our domestic Court. It is a case that will be brought in a secret, off-shore tribunal, where there will be three Arbitrators who would sit on the Hearing who last week were acting for an investor, and this week are acting as a judge in the cases brought before them by an investor. There is no system of  precedent, there is no openess so we can see the documents, or even sit in on the Hearings. There may not even be a publication of their judgement at the end of it!
These kinds of secret offshore tribunals are  so discredited now that many  governments are saying  they won’t agree to deals that allow foreign investors to have those powers.  And the Australians have said in the Trans Pacific Partnership Agreement that they won’t agree to foreign investors having those powers.

Our government – when John Key was first asked about this – said, “Oh, well if the Australians don’t think it’s a good thing, it sounds a little bit off-beam to me, so I suppose we’d go where Australia goes”.

Then his officials officials briefed him and said, “Well, actually Prime Miniter, no, we’re going to agree  to foreign investors having these powers”.
So this Trans Pacific Partnership Agreement is currently being negotiated. They want to try to close off the negotiations in October this year. The negotiations are all taking place in secret. We don’t get to see the final agreement until it’s signed off by the eleven countries negotiating it, which includes the US where the big foreign investors are based.
So, effectively the government is negotiating a Bill of Rights for foreign investors not only to enter and buy up this country, but to be able to threaten us in the future if we try to take back control of what is ours.”

Professor Kelsey invited the crowd to join in the campaign to oppose the TPPA, and pointed out information that was freely available on nearby tables. She warned the crowd,

“Join us in the campaign against the Trans Pacific Partnership Agreement, because so many of the things that we care about – We will not be able to effectively regulate in the future; we will not be be able to take back control of our future; if this agreement is passed. Parliament doesn’t get  an effective say on it. This is an agreement negotiated by the  Cabinet, it can be ratified by the Cabinet; and we have no say until it is a done deal.
We know that the Prime Minister is very good at secret done deals. We know that the Prime Minister is happy to do deals on behalf of his cronies. We know that the Prime Minister is prepared to sell out democracy, sovereignty, and tino rangatiratanga. And if we’re going to take back control of our futures then this agreement is a priority to stop this year, along with the asset sales.”

Professor Keley thanked the audience, who in turn cheered and clapped for her.

Meanwhile, Shane and Ariana (?) held aloft the anti-TPPA banner,


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Next up, Bishop Justin Duckworth – the Anglican Bishop of Wellington. He had some very personal but salient anecdotes to share with us,


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Bishop Duckworth greeted the crowd and started with this story from his own family,

” I was sitting out before and listening to the speakers, who were awesome, and I was suddenly talking to a new friend, I met a new friend, and he was telling me he was a father like I was a father, and we were discussing our children, and I suddenly remember a story that happened between my wife and my teenage boy. Classic conversation went down about domestic chores. And my beautiful wife, Jenny was saying to my boy, “it’s your turn to do the dishes”.

And he sort of said, “No, I did the dishes last night”.

And then she said, “I vacuumed the floor.”

And then he said, “Well, I watered the garden.”

And then she said, “Well, I dropped you to school.”

And it was escalating. Until my wife finally busted what I thought was the argument to end all arguments. And she said this; “I gave birth to you.”

I thought;  that’s it. Argument stopped. How could you argue with that?

My teenage boy had this comeback, “And your generation destroyed the environment for us.”

Good line, eh?

And it’s true isn’t? It’s true that our generation not only did we destroy the global environment, but  we have also instigated the global recession as well. And I think that the issues that we are talking about today about asset sales; the reason why that this issue in particular hits our public so strongly, and we have such a good turnout to this rally, is that because I think it’s at the core of a whole lot of other issues.

And so, as a man of faith, as a follower of Jesus, I just want to tell you what concerns me. And these are questions I have, I haven’t got the answers, but these are just questions.

Around asset sales I have questions  around the lack of regulation already  in place in the assets that we own…

… I heard Geoff speak, and I also read his articles, the reports about his papers a couple of weeks ago.  I am concerned that that it is simply not fair, and not just …”

“If we were to sell our assets how less a control do we have? If we already have such limited control at the moment on the regulation of them, how much more limited will it be in the future?”

My second question I would have is this. Recognising… that the Kai Tiaki of New Zealand is Tangata Whenua’s Maori people, and the wairua of this country, the spirit of this country is held by that Kai Tiaki, by the Maori people. I would have questions around what happens if we start selling our assets overseas, what does that mean for the Kai Tiaki here?

“… Third question would follow on from the Greenpeace speaker [Bunny McDiarmid – no recording of her speech made; blogger’s stuff-up], and that woud be this; What happens to the environment longer term if we lose responsibility and control of our power companies? What guarantees do we have whether actually our environment and our global climate change issues will actually be positively addressed by our country? I think there are huge issues there if we choose to sell our assets.”

Bishop Duckworth then concluded with this sobering anecdote – something personal, yet with global implications in how we treat each other,

“…Those of you who don’t know, my father was born in Burma – in Myanmar. A few years ago I went back with him; never visited before, me and my brother went back to Burma. Took my dad, visited a whole lot of wider family.

Once we were on a temple tour, as you do on these sort of trips. We were touring around these temples, and me and my brother, having a lot of sibling rivalry, we’d constantly compete to see who could get the best bargain for the little knick-knacks. You know that I mean? Those little things you buy constantly. So me and my brother were constantly competing for who could get the best deal  on knick-knacks.

One night we were just finishing another temple tour and this guy sidled up to me and was selling me hand-painted pictures of Burmese countryside. Now I’ve been around long enought to know what you can normally get these pictures for.

Normally you pick these pictures up for about three US dollars.
But I was militant that night. And I thought I’m going to prove once and for all that I can run the biggest, best bargain in the world. So I drilled that fellow down to get the best  bargain I could. And in the end I managed to get four pictures for five US dollars!

…We were getting a lift home, and I was showing the pictures to my brother and saying, “Look, I’ve got the best bargain ever!”

And the driver of our horse and cart leant over and asked, “Hey, um, what’d you pay for those?”

I said, “I paid five US dollars for the four of them”.

He sez, “Ohhh, it must’ve been a bad day.”

I go, “What do you mean?”

“The man musn’t have been able to sell anything that day, so he had to sell his goods at cost price, at least at cost-price,  just to buy rice for his family.”

And suddenly I realised what was just some crazy game, ideological game, for me, was actually  life and death for other people.

And my big questions I have around this issue is this; is this some crazy ideological issue that we’ve been driven  here, or is it actually about everyday people who are struggling, who need jobs, who need security, who need a future, and who need decent power.

And that’s my question.”

Ariana then troduced Maanu Paul, Chairman of the Maori Council, and  who was currently taking the Government to the Supreme Court over water rights. Maanu Paul had some interesting observations, and made a call to action,


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Maanu Paul offered a greeting to the people at the rally, and then began with,

“When I was asked to come and speak, at this,  I asked, “who makes money out of this lot [asset sales] ‘?

And the answer was, we need to raise the consciousness of our nation in respect of our opposition to the sale of assets. The New Zealand Maori Council has had a long history of opposing the sale of our assets, beginning in 1986, when we established Section 9 of the State Owned Enterprises Act, which we said, “nothing in this Act shall be contrary to the Treaty of Waitangi”.

And then we had the lands case in 1987 when we stopped the sale of state owned land. And then we had a negotiation with the Crown over the sale of the biggest man-made forest in the southern hemisphere – the Kaingaroa Forest. And then they sold the spectra. And  we had an argument with the Crown over who owned the spectra. It’s about the same argumwent as who owns the water.

And the government of the day said, ‘Maori did not know anything about the spectra’. And I shot back to them, ‘Neither did they. An Italian  fellow named Marconi knew about it, and the Poms didn’t know anything about it at all’.

The upshot is that they allocated us a portion of the spectra and now we’re a part of Two Degrees.

Finally we come to the sale of the dams and the capacity to generate power. The whakapapa so far tells us that the constant that is present in all this is that the Maori Council has ensured that state owned assets stay in this country.”

There was strong applause at this point, and with a smile, Maanu Paul continued,

“Thank you. Because I’m going to ask you to put your hands in your pockets, because you owe us.”

More good natured laughter, and Maanu Paul’s smile widened, as the audience understood the nature of his remarks. He explained,

“You owe us because if we didn’t take this government to the Tribunal, to the High Court, and the Supreme Court, our assets would’ve been gone, would’ve been sold by now.

That is the reality of what we’re facing. And so the Council is dedicated to ensuring that we leave the world a better place for our mokopunas. We leave the world a better place that wehen we were born to it. And the world we were born to was, as far as I was concerned, I had the right to go and fish in my foreshore in my foreshore and seabed… heh heh heh…

I had the right to swim in my rivers and my lakes and call them my own. I had the right to do what I wanted with my land without having it confiscated.

And all of these tell me right now, that those rights have been eroded. Those rights have been eroded because this government, and previous governments, have failed to properly honour the Treaty of Waitangi.”

At this point, Maanu Paul called for direct action of a sort that up until now had not been considered. His comments have been reported in the media, and this is what he said, verbatim,

“And so my  message today, to us, is quite simply, is that we need to do more than sign a petition. We need to do more than gather in Frank Kitts Park, and what we need to do is to sit outside of Parliament and demand that we maintain the control of our assets.

What I’m suggesting – and I don’t know whether my Council’s going to agree with me about  this – but what I’m suggesting  is that we have a Noho Kainga [sitting] on Parliament grounds!

And we sit there until a fellow called Winston Peters might have put a Bill in Parliament that says ‘we are wishing to maintain ownership of the assets that we paid for in the taxes that’ve been levied upon us in the name of the public good’.

The audience resoponded enthusiastically to this suggestion, and the feeling was strong that many would’ve upped and left for Parliament’s ground at that very moment.

Maanu Paul continued,

“And the reason I’m saying this to you is that simply because there is no protection of your assets paid for by your taxes, which were levied upon you in the first place, in the name of the public good.

And we are the public and we should have a Nono Kainga to protect to protect our public good.”

Maanu Paul then sang a new “public anthem” to the crowd. This blogger can report that  his singing is something to behold – Maanu Paul has an awesome singing voice. Firstly his song was rendered in Maori, and then for the benefit of those who don’t yet know the language (including this blogger), in English,

‘I am the water, the water is me,

Cascading down,

from Ranginui,

Enveloping all,

The environment,

I am the water,

the water is me.’

Ariana asked the crowd,  “Yes, yes, yes! A sit down at Parliament – who’s up for it?

The response was shouted from the crowd loud and in affirmation.

A new people’s action may be in the offing… Stay tuned, folks. This ain’t over – not by a long shot. Or by John Key’s lamentable imagination.

A new chapter is unfolding.

Continued and concluded at:

Wellingtonians rally to send a message to the Beehive! (part toru)





TV3: Asset sales referendum likely (6 Feb 2013)

TV3: Govt under fire over Contact redundancies (14 Feb 2013)

NBR: Supreme Court to ignore govt deadline on water rights decision (15 Feb 2013)

Youtube: Say No to Asset sales in Aotearoa

Copyright (c)  Notice

All images are freely available to be used, with following provisos,

  •     Use must be for non-commercial purposes.
  •     At all times, images must be used only in context, and not to denigrate individuals.
  •     Acknowledgement of source is requested.

Relevant orgs

It’s Our Future

Keep our Assets

Aotearoa is not for Sale

Aotearoa is Not for Sale | Facebook



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Wellingtonians rally to send a message to the Beehive! (part tahi)

17 February 2013 6 comments




NZ, Wellington, 13 February 2013 – Set against an overcast early evening sky, and a chilly southerly, several hundred Wellingtonians of all ages, races, political affiliations, and backgrounds came together at Frank Kitts Park, on Wellington’s waterfront,


Frank Macskasy  Frankly Speaking  blog aotearoa not for sale - 13 february 2013 - frank kitts park - wellington - anti asset sales


Their common unity of purpose was to oppose the partial sale of state-owned assets,


Frank Macskasy  Frankly Speaking  blog aotearoa not for sale - 13 february 2013 - frank kitts park - wellington - anti asset sales


Electricity-dustry expert, Molly Melhuish, with others from DEUN (Domestic Electricity Users Network). Ms Melhuish (center, holding white clipboard)  is  intimately familiar with the working of the electricity industry in this country and was a key member in   campaigns to oppose electricity privatisation in the 1990s – including Wellington’s Capital Power.


Frank Macskasy  Frankly Speaking  blog aotearoa not for sale - 13 february 2013 - frank kitts park - wellington - anti asset sales


The messages were simple, and to the point. From Labour,


Frank Macskasy  Frankly Speaking  blog aotearoa not for sale - 13 february 2013 - frank kitts park - wellington - anti asset sales



… to the Mana Party,


Frank Macskasy  Frankly Speaking  blog aotearoa not for sale - 13 february 2013 - frank kitts park - wellington - anti asset sales


The message for National  was clear – what’s ours is ours,


Frank Macskasy  Frankly Speaking  blog aotearoa not for sale - 13 february 2013 - frank kitts park - wellington - anti asset sales


This Wellingtonian understood the folly and false-economy of selling state assets which are money-making cash-cows. Right wing politicians know this – but their zealous obedience to neo-liberal dogma seems to over-ride any semblance of common-sense,


Frank Macskasy  Frankly Speaking  blog aotearoa not for sale - 13 february 2013 - frank kitts park - wellington - anti asset sales


Many in the crowd were of an age to recall the sale of Telecom – something that was resisted by 93% of New Zealanders,


Frank Macskasy  Frankly Speaking  blog aotearoa not for sale - 13 february 2013 - frank kitts park - wellington - anti asset sales


Interestingly, at least one right-wing politician has belatedly realised that selling state assets was a mistake – see: Bolger: Telecom sale a mistake

Dedicated ANFS activist, Frances, had a very simple question for Dear Leader,


Frank Macskasy  Frankly Speaking  blog aotearoa not for sale - 13 february 2013 - frank kitts park - wellington - anti asset sales


ANFS activist, Athena, handing out leaflets to people in the crowd and discussing issues with them,


Frank Macskasy   Frankly Speaking  blog  aotearoa not for sale - 13 february 2013 - frank kitts park - wellington - anti asset sales


With media filming the event, ANFS co-convenor, Ariana, opened the Rally with a welcome to the crowd and  an introduction of the speakers who had been invited to address the rally, with their thoughts on the sale of state assets,


Frank Macskasy  Frankly Speaking  blog aotearoa not for sale - 13 february 2013 - frank kitts park - wellington - anti asset sales


The speakers came from a variety of backgrounds, and each gave their perspective on the issue of selling the people’s assets.

To be continued:

Wellingtonians rally to send a message to the Beehive! (part rua)





TV3: Asset sales referendum likely (6 Feb 2013)

TV3: Govt under fire over Contact redundancies (14 Feb 2013)

NBR: Supreme Court to ignore govt deadline on water rights decision (15 Feb 2013)

Youtube: Say No to Asset sales in Aotearoa

Copyright (c)  Notice

All images are freely available to be used, with following provisos,

  •     Use must be for non-commercial purposes.
  •     At all times, images must be used only in context, and not to denigrate individuals.
  •     Acknowledgement of source is requested.

Relevant orgs

It’s Our Future

Keep our Assets

Aotearoa is not for Sale

Aotearoa is Not for Sale | Facebook



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Asset Sales: all down?

24 August 2012 10 comments



Continued from: Asset Sales: two down, three to go!


As predicted, the Waitangi Tribunal has issued a report endorsing a delay to asset sales until the issue of water rights can be resolved,


Full story


Specifically, the report recommends,

  • Maori have long established property rights over water bodies
  • Ownership precedents date back to 1929 when Nga Puhi was granted ownership of Lake Omapere
  • Maori culture and rights should not be relegated and ignored.
  • The claim is not opportunistic
  • Offering shares in the companies to Maori is not a remedy
  • Shares in conjunction with enhanced power on the boards of these companies could provide meaningful recognition
  • It is impossible for the Tribunal to recognise all Maori water rights across the whole country
  • It is possible to devise an appropriate scheme for Maori affected by the sale of the assets but more time is needed


If, as Dear Leader John Key stated on 10 July, that National could decide to  ignore the Tribunal’s findings (because they are non-binding), then the matter will head to the High Court.

Either way, the asset sale process has been stalled.

The Tribunal’s decision is yet another nail in the coffin of this wretched privatisation agenda.

As pointed out in a previous blogpiece ( Asset Sales: two down, three to go! ), the process has been hampered by corporate interests; low shares prices (Air New Zealand); poor international commodity prices (Solid Energy’s coal); and lower than anticipated revenue from certain electricity companies.

This blogger sez; thank god for the Treaty of Waitangi. We may yet save our state assets from being stolen from us, the people.

Who would have thought that the Treaty – designed in 1840 to protect Maori assets from ruthless activity by colonials – would 172 years later protect the assets owned by ALL New Zealanders.

National and it’s redneck supporters may object with shrill hysteria.


These assets belong to all of us. Not just those with the money to buy them.

And it’s a bit rich for National politicians and their sycophantic supporters and fellow travellers to now be insisting that “no one owns the water”.

Especially since the concept of private ownership for land, trees, fishing quota, airwaves, etc, etc, etc, was inytroduced by Pakeha to New Zealand.

Now the architects of the capitalist notion of private ownership are screaming for collective ownership over water?

Get real, you rednecks.

Vocal right wingers and anonymous commentators on various internet fora are simply livid that Maori are exercising the same rights that Pakeha themselves have used for their own benefit and wealth-accumulation for the last two hundred years.

National may well begin to comprehend that it is on a hiding to nowhere on this issue.  It is time for John Key to comprehend,

  • The majority of New Zealanders do not want state assets privatised
  • Maori have a legitimate intrerest in water rights if states assets are privatised
  • Privatisation is opening a can of worms with corporate vultures circling overhead, looking for cheaper power deals
  • The State will not earn anything near the $5 to $7 billion that Bill Enlish has been anticipating

John Key, it is time to knock asset sales on the head.

You’ve lost.





Asset sales in Air New Zealand also doubful this term

Solid Energy revenue slump could delay sale by years

Tribunal finds SOE share sales a breach, but offers solution

Energy float may turn into a s(t)inker

Other blogs

No where to go on Maori water rights



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Asset Sales: two down, three to go!

22 August 2012 21 comments



Oh dear, National seems to be in a spot of bother over it’s planned partial privatisation of  five SOEs…

Earth, Air…

One state owned enterprise, Solid Energy, appears now to be off the sales list. According to Finance Minister Bill English,


Full story


On top of that, there appears to be a real questionmark over the sale-value of Air New Zealand, as well, according to outgoing chief executive Rob Fyfe,

However, outgoing chief executive Rob Fyfe has said he would be “surprised if the Government would be wanting to sell” at the current low share price.

The company was in the midst of a “cyclical low” on its share price, Fyfe said in June.”

See: ibid

Fyfe is correct.

A look at Air New Zealand’s recent and longer term share price history shows that it has been badly affected by the Global Financial Crisis (GFC).

In 2007, Air New Zealand’s share price stood at $2.47 a share,



Source: Google Finance – Air New Zealand Ltd

At the end of trading (22 Aug), today, that share price stood at 92.5 cents each. That’s a loss of  $1.545 per share,



Source: Google Finance – Air New Zealand Ltd

In fact, the share price dropped from 94.5 cents a share yesterday (21 Aug) to it’s current level of 92 cents.

Looked at another way; it’s like having your home valued at $247,000 in 2007, prior to the onset of the GFC – and having it valued at only $92,500 today.

Not a good environment to be a seller.

NOTE: It is interesting that, of all the SOEs, Air New Zealand is the only one that has a small, privately-owned component. The state owns 73.13% of Air New Zealand, other investors own 26.87%.

See: Air New Zealand – Shares on Issue

This situation is a ‘quirk’ of Air New Zealand’s re-nationalisation in October 2001, when it faced collapse under a massive $NZ1.425 billion operating loss incurred by then-private owners.

See: Wikipedia – Air New Zealand, Re-nationalised era

So it’s current share value is a relatively true reflection of it’s present market-value.  There is no “guesswork” involved, as Bill English revealed in February this year, with the other four SOEs,

See: English admits his SOE figures just a guess

Helluva way to run an economy…

Most sane people wouldn’t sell at such a ridiculously low price and would wait for the market to recover.

However, despite misguided belief, National’s commercial nous is vastly over-rated. In fact, some of their commercial decisions have been absolutely apalling.

The most famous being that these assets – especially the power companies – actually return a higher dividend to government than would be the cost of borrowing that same money. As BERL reported in May,

Partial asset sales will do nothing to curb New Zealand’s growing debt problem, a new report by economic analysts Berl says.

The Berl report, commissioned by the Green Party and released today, says the Government’s partial asset sales programme to build new assets would leave the Crown accounts ”permanently worse off”.

Government debt, the ratio of debt to assets, net worth and total assets would all be worse off after the programme was carried out, Berl found.

”The interim loss of earnings resulting from reduced dividends and the period of time before the new assets reap benefits is never recouped,” the report said.

”Subsequently, the option of asset sales can only significantly improve the Government’s accounts if a set of assumptions are adopted that are at the extreme ends of plausibility“.”

See: Asset sales will leave Govt worse off – BERL


The up-shot?  Unless the global economy stages a miraculous recovery in the next two years (about as likely as The Second Coming or Klingons camping out in my backyard),  and National ministers are dumber than I thought, Solid Energy and Air New Zealand can be scratched from the privatisation agenda.

Added to this, is a brewing toxic mess involving commercial interests and  Treaty claims over water rights…


At the beginning of August, Key realised that the partial-sale of SOEs was not going to go smoothly.  Until now,  state owned power companies were exploiting water resources for the benefit of the nation as a whole.

Maori were content with that status quo; for as long as no one owned the power companies – they were owned by us all – the same could be said of water.

But the moment that private ownership of  hydro-power generation was mooted – the situation changed. Water would be used to generate power, which would be sold, and would deliver profits to private owners.

Saying that “no one owns the water” that hydro-power stations use is akin to saying no one owns the coal or gas that are used in coal-powered and gas-powered stations.  Ridiculous.

The Waitangi Tribunal will shortly be delivering it’s response to Maori Council claims over water rights.

Most likely, the Tribunal will find in favour of Maori. This blogger can conceive of no reason why this should not happen, and just as land can be owned – so can water rights.

It’s a bit late-in-the-day for capitalist National voters and politicians to now be claiming socialist principles of  “collective ownership”. That just ain’t gonna wash, Jethro.

If National over-rules the Tribunal findings, then Maori will go to Court – the High Court to be precise. Of all Pakeha institutions, Maori have a great affinity for the legal system. They know how to use it for greatest advantage.

Going to Court will have one result; a lengthy delay in the asset sales programme.

On 22 August, National admitted what the rest of us already knew,

The Government says it is going to have to start making judgments about how much of its partial asset sales programme can be completed in this term of office…

[abridged]… Finance Minister Bill English says the Government also has to deal with other issues, such as the Waitangi Tribunal report on water rights relating to the partial sale of Mighty River Power, and possible legal action.

Mr English says he is not taking it for granted that the Government will be able to complete the full programme this term. “

See: Govt less bullish about partial asset sales


And as if that was not enough to put a spoke in the wheels, two corporate interests have recently made announcements that could have a significant impact on share prices for the remaining three SOEs; Mighty  River Power, Meridian, and Genesis.

Norske Skog Tasman

Norske Skog Tasman’s plan to halve newsprint production at its Kawerau mill will have implications for the power generation industry if it goes through with it, says an industry analyst.

The company, which accounts for about 2.9 per cent of New Zealand’s power demand, is looking at cutting its annual production to 150,000 tonnes from 300,000 tonnes because of dwindling domestic and offshore sales.

The analyst, who requested anonymity, said the partial closure would further extend the “significant” generation over-capacity in the New Zealand electricity market.

A 50 per cent reduction in Norske Skog Tasman’s electricity demand would equate to about one year of demand growth estimated in Ministry of Economic Development forecasts. “

See: Paper mill cuts threat for power industry

By coincidence, Norske Skog buys most of its power from Mighty River Power, which is the first SOE that National  plans to partially privatise.

Any potential “mum and dad” investors may be warned off from investing in MRP shares. If  Norske Skog proceed with their plans, power consumption will decrease dramatically – and so will profits.  Which will mean a cut in dividends paid to shareholders.

Tiwai Aluminium Smelter

Perhaps the ‘nastiest’ surprise for National and it’s Dear Leader was this announcement on 11 August from multi-national conglomerate, Rio Tinto,

Meridian Energy’s announcement that it had been approached by New Zealand’s biggest power user, Rio Tinto, to discuss potential changes to its supply contract has created uncertainty for the Government’s plans to partly privatise the three power generators, analysts said.

State-owned South Island power generator Meridian said it had been approached by Pacific Aluminium, a business unit of Rio Tinto, the majority shareholder of New Zealand Aluminium Smelters (NZAS), to discuss potential changes to the electricity contract with the smelter.

The statement comes a time when Rio Tinto is assessing its options for the NZAS smelter at Tiwai Pt.

Tiwai takes about 15 per cent of New Zealand’s electricity, so the prospect of changes to the contract between Meridian and Rio was enough to send Contact Energy’s share price down 20c to $4.80 on Thursday.

Few in the financial markets expect Tiwai Pt to close, but if it did, much more power would be added to the national grid, depressing prices and affecting the profitability of all the power generators. “

Rio Tinto’s announcement immediatly  sliced 20 cents off  Contact Energy’s share price. What will it do to the three state owned power companies?

It’s hardly surprising, really. Everyone else appears to be putting their hand out, or up, to gain benefit from the asset sales – why not multi-national corporations who are already parked here in our country?

The Herald report goes on to say,

Morningstar analyst Nachi Moghe said there was ongoing concern about the feasibility of Tiwai Pt and the possibility that it might eventually shut down.

“Obviously, if that happens it will hurt everyone, but it will hurt Meridian the most,” he said.”That additional supply will throw the supply-demand balance out of kilter.”

One fund manager said the news was a “bolt from the blue”.

In the contract negotiations, he said, the pressure could go on Meridian to reduce its price, or to reduce the volume of power it supplies, which would have an impact on the wholesale electricity market.

“It’s poor timing but great timing on behalf of Rio Tinto as we go into the mixed ownership model process,” said the fund manager, who did not want to be identified.”

See: Smelter power review ‘bolt from blue’ for asset sales

Rio Tinto appears to be exploiting current uncertainties and confusion in  the current  environment.  As pressure mounts on National from every direction, this appears to be an opportune moment for corporations to start  flexing their own muscles.

Just what the Nats needed – their own corporate allies to shaft them at the worst possible moment.

Capitalism. Ya gotta laugh.


And the most critical factor to impact on the electricity generation industry: the weather.

This is something that even the “invisible hand” of the free market is utterly powerless to influence. Meridian’s profits have already been affected,

The worst inflows into its hydro lakes for 79 years took a toll on Meridian Energy’s earnings in the year to June 2012.

The state-owned generator and electricity retailer yesterday reported a net profit after tax of $74.6 million, down from $303.1 million the year before.”

See:  Dry year helps knock 28%  off Meridian profit

At this point, Dear Leader John Key might be starting to wonder. With all these ‘forces’ ranged against his Party’s plans to flog off our state assets – perhaps the Fates are trying to tell him something?

What next?

This blogger is surprised that China and Australia – both nations with which we have Free Trade Agreements – have not put their hands up to line up and buy shares.

After all, that is what FTAs are about. Legally, we might not be able to stop them.

Will we be hearing from our Chinese and Aussie cuzzies next?

Watch this space.





Tiwai Pt threat could delay Mighty River sale

Energy float may turn into a s(t)inker

Other blogs

No where to go on Maori water rights



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That was Then, This is Now #14

20 June 2012 1 comment

Devonport: their cheeky contradiction of Private Ownership vs Public


Immigration & Customs for new arrivals


Residents angry at Devonport Treaty settlement

Updated at 4:52 pm on 31 March 2012

Residents of the Auckland suburb of Devonport challenged a Treaty of Waitangi settlement at a public meeting on Saturday.

An agreement reached by the Government in November allows Ngati Whatua o Orakei to buy a 3.2 hectare block at Narrow Neck which is currently used by the Defence Force.

The terms of the sale would allow the hapu to develop the land after the navy finishes using it.

But many residents are against private ownership of the land and say they want the entire headland protected from commercial development.



About 300 residents attended the meeting held on the Defence Force land, to hear an explanation of the sale from the Minister for Treaty Negotiations, Chris Finalyson.

Mr Finlayson clarified that the neighbouring Fort Takapuna reserve and parts of the headland closest to the sea would not be sold and would be kept open to the public.

He said residents could make submissions to the Maori Affairs Select Committee which is handling the settlement.

Almost all of the people who spoke at the meeting opposed the sale and many left the meeting saying they remain angry at the situation. ” – Source


It seems that the good people of Devonport are somewhat ‘miffed’ that 3.2 hectares of land at Devonport will be part of a Treaty settlement with Ngati Whatua o Orakei. The land is currently legally protected under the Hauraki Gulf Marine Park Act – but this protection will cease once it becomes private land  as part of the  the settlement.

It is worth noting that the 3.2 hectares in question is only a small fraction of the 31,565 hectares taken by the colonial government since colonisation. 3.2 our of 31,565 hectares – about .o1% of what that tribe possessed before the “rule of Britain” took hold of the countrry. (The  same “rule of Britain” that supposedly recognised and protected property rights, but never mind about that.)

Locals are upset at the prospect of the Treaty settlement. As many of stated, they want the land to be protected and do not want it passed over to private ownership. Once in private ownership, they say, the land might be developed.

(Just as land taken from Ngati Whatua o Orakei was on-sold to colonists, who then developed it. Ie; they built houses.)

So I guess the lesson I’m learning here is; land development is ok if it’s by pakeha.

But not ok, if it’s by Maori?

Ok, got it.

But what really amuses me is that the people of Devonport seem to have a somewhat ambiguous approach to the notion of an asset  held by the community for community purposes – and a community asset that can be sold into private ownership…

Folks, welcome to Devonport…



Devonport is the southern part of the North Shore electorate,


North Shore Electorate


At last year’s election, the voters of North Shore voted over-whelmingly for the National Party candidate, former radio and TV presenter, Maggie Barry,


Party Candidate Votes % ±% Party Votes % ±%
National Green tick Maggie Barry 22,709 62.44 +0.59 23,113 62.16 +4.10
Labour Ben Clark 7,481 20.57 -3.44 6,036 16.23 -5.17
Green Pieter Watson 2,802 7.70 +1.50 4,035 10.85 +4.24
ACT Don Brash 1,293 3.56 -0.41 714 1.92 -5.55
Conservative Craig Jensen 904 2.49 +2.49 829 2.23 +2.23



As the above chart clearly reveals, over 62% of voters gave their Party and Electorate votes to National.

That’s the same National Party that campaigned on a policy of partial privatisation of Genesis Energy, Meridian, Mighty River Power, Solid Energy, and a further sell-down of Air New Zealand.

By contrast, those parties (Labour, Greens, NZ First) that campaigned against state asset sales received only 30.74% of the Party vote.

So I think we get a fairly clear idea where there hearts and minds of North Shore (including Devonporters) voters lies; firmly in the Tory bosom. North Shore/Devonport is about as ‘blue‘ as you can get. And they certainly didn’t seem to mind too much about National’s stated policy of partial-asset sales, did they?

The sale of community owned assets didn’t seem to occupy the minds of North Shore voters last year? So it seems a bit rich that that Devonport folk are now up-in-arms about Crown land being returned to their original owners – when several SOEs will soon end up in partial foreign-ownership.

So they have a bit of a cheek to protest now, when they couldn’t care less about privatisation last year. In fact, I would say they pretty much got what they voted for.



Hapu to buy:

* Five New Zealand Defence Force housing blocks for $95.63 million. These will be leased back to the Crown for five years.

* Defence land at Wakakura Cres for $10 million.

* Defence land at Narrow Neck for $13.8 million.

* Deal vests a 33.64ha conservation area in tribe’s name. To be used as a recreation reserve administered jointly by tribe and Auckland Council.

* Purewa Creek’s name to be changed to Pourewa Creek.

* $18 million – $2 million already received through hapu’s 1993 Railways settlement.

* Rights of first refusal for 170 years over surplus Crown-owned properties. ” – Source



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